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Lawmakers try new solution to minimize winter storm debt
Most agree that securitization is an effective proposal to fairly and quickly pay off storm debt. Not all agree how to do it, and what costs should be covered.
Large electrical transmission lines cross through South Arlington, Texas, on Feb. 17, 2021. Rolling power outages disrupted service to customers following snow storms. (Tom Fox/The Dallas Morning News)(Tom Fox / Staff Photographer)
AUSTIN One lingering question from February’s devastating winter storm is what, if anything, to do about the remaining debt of some electricity market participants caused by the soaring price of power during the crisis.